In the earlier times, people used coconut oil for cooking very less as it was believed that the saturated fats present in the oil are harmful for our health. This belief is not valid today as studies have shown that some types of saturated fats present in coconut oil can be very beneficial for our health. The oil can help in increasing good cholesterol in the body. However, coconut oil has some negative effect also. We will explain the good and harmful effects of coconut oil. We will also tell you about coconut butter. Following is an article on the health benefits and pros and cons of cooking with coconut oil.